Elon Musk nominated to the Cabinet?
No
Rules summary
If Elon Musk is nominated to the Cabinet before Feb 1, 2025, then the market resolves to Yes. Outcome verified from Office of the Presidency.
Announcements made by a President-elect will only be effective once they are inaugurated as President. To be clear, if the President appoints (or says he will appoint) the individual to a cabinet-level position, even if that position does not require Senate confirmation, then the market resolves to Yes. For example, the Chief of Staff to the White House is typically a cabinet-level position that does not require Senate confirmation. Clarification 11/14/24 3:00 AM ET: Being a part of a non-governmental organization (which the Department of Government Efficiency, DOGE, may be) is not sufficient to resolve the Contract, even if that organization has some relationship (e.g. is contracted by) with the Trump Administration, if the person in that role is regularly advising the President, or even if that organization receives government financing. However, leading a non-governmental organization *and* being nominated to a Cabinet-level position would be sufficient to resolve the Contract. Timeline and payout
